State Bank Of India

Associate banks, Bharatiya Mahila Bank merge with SBI

New Delhi: Five associates and the Bharatiya Mahila Bank became part of the State Bank of India on Saturday, catapulting the country's largest lender to among the top 50 banks in the world.

State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore, besides Bharatiya Mahila Bank merged with SBI.

Left To Right Mrinmoy Mukherjee Sonu Nigam Sachin Tendulkar  Rajan Navani

100MB Launched: Marks the beginning of Sachin’s Digital Innings

Legendary cricketer Sachin Tendulkar today unveiled a unique digital application “100MB” to mark the beginning of his digital innings at a Strategic announcement held in Mumbai, today. 

100MB is an app that is conceptualized and developed by JetSynthesys one of India’s most innovative digital & technology companies with Infosys co-founder Kris Gopalakrishnan as its Non-Executive Chairman. The app and the platform was envisioned by Sachin himself who led the development of the platform along with the team at JetSynthesys.

Amazon

Amazon now in emirates in partnership with Souq.com

New Delhi: Amazon, the USA based e commerce giant made its entry in UAE by acquiring Souq.com, the Middle East’s largest online retailer.

A joint statement said that the agreement brings Amazon into a fast-growing market as it expands into a wide range of services. The deal’s specific value was not announced, but according to analysts it is estimated anywhere between 650 million USD to one billion USD.

BS 3 Vehicles

Apex Court bans registration of non-BS IV vehicles, auto industry hit

New Delhi: In a blow to automobile firms, the Supreme Court on Wednesday banned sale and registration of non BS-IV compliant vehicles across the country from April 1 when the new emission norms come into force.The Apex court observed that health of the people is far more important than the commercial interests of the manufacturers. It said that the makers of such vehicles have declined to take sufficient proactive steps despite being fully aware that the firms would be required to manufacture only BS-IV compliant vehicles from first of next month.

RelianceJio Paytm Apologise To PM

RelianceJio, Paytm apologise to PM

New Delhi: Reliance Jio and Paytm have apologized for using Prime Minister Narendra Modi’s photograph in their advertisements,

without permission. Minister of State for Consumer Affairs C.R Chaudhary told Rajya Sabha, his ministry had sent notices to both the companies under the Emblems and Names Prevention of Improper Use Act of 1950. The Act bars use of Prime Minister’s name and picture for commercial use. He said, the two companies used the photograph of the Prime Minister in their  advertisements contravening the ‘prior permission’ stipulated under the Act.